Type: Public
On the web: http://www.dianashippinginc.com
Employees: 635
Employee growth: 29.3%

Like the Greek goddess for whom it's named, Diana Shipping aims to lead the hunt for cargo transportation business. The company moves iron ore, coal, grain, and other cargo worldwide with about 20 dry bulk carriers -- primarily Panamax and Capesize dry bulk carriers. Its fleet has an overall capacity of 2.5 million deadweight tons (DWT). Subsidiary Diana Shipping Services manages the company's fleet, which is deployed through time charters. Diana Shipping also holds a partial interest in a boxship investor, Diana Containerships. The company serves a wide range of international clients, with Cargill and BHP Billiton collectively accounting for about 30% of its annual revenue. Diana Shipping was founded in 1999.

Key numbers for fiscal year ending December, 2010:
Sales: $275.4M
One year growth: 15.1%
Net income: $128.8M
Income growth: 6.0%

Officers:
Chairman and CEO: Simeon P. Palios
President and Director: Anastassis C. Margaronis
CFO and Treasurer: Andreas C. Michalopoulos

Competitors:
Kawasaki Kisen
Mitsui O.S.K. Lines
Navios Maritime

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